Joe Hockey (North Sydney, Liberal Party, Treasurer) Share this | Hansard source

The problem was it was not $100 million; it was a lot more than that—it was $550 million. It was counterintuitive in a sense, because every other number he got wrong, but with this one he actually underestimated how much revenue he would get. It was $550 million, and the Labor Party seized 156,000 bank accounts. The leader of the charge was 'Balaclava Bill'. Here he is: the Leader of the Opposition—

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